Expect to pay around $329

We're seeing reports that Apple will market the iPad Mini as a more premium device, and this rumored price tag reflects that.

It might not have the high-resolution Retina display

In order to keep the device lightweight, affordable, and easier on the battery, Apple is expected to forgo the Retina display used in its other iOS devices. That means the iPad Mini's resolution will be more like the iPad 2's.

What will it be called?

Apple blogger John Gruber suggests the device will be called one of three names: iPad Mini, iPad Air, or just iPad.

It will maintain the iPad's aspect ratio

If this is the case, it will be a huge relief to developers. If it maintains the same aspect ratio, developers won't have to rework their apps to teach them how to behave in a new aspect ratio, as they had to with the introduction of the iPhone 5.

It'll have a huge battery

Some spy shots uncovered by MacRumors reveal that the inside of the iPad Mini is predominantly taken up by the battery. All things considered, it should last a long time on a single charge.